Agthia 9M profit nearly triples

Third-quarter revenue increased 14.4 percent.

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding
  • San Francisco, United States -- Social media behemoth Meta unveiled its first standalone AI assistant app on Tuesday as it...

    Zuckerberg said the app "is designed to be your personal AI" and would be primarily accessed through voice conversations with the interactions personalized to the individual user.

    The release comes as OpenAI stands as a leader of straight-to-user AI through its ChatGPT assistant that is regularly updated with new capabilities.

  • Project Kuiper, a subsidiary of the online retail giant founded by Jeff Bezos, is playing catch-up with Starlink - SpaceX's...

    The $10 billion initiative plans to deploy 3,200 satellites into low Earth orbit - the region of space up to 1,200 miles - with hopes of going live later this year

    SpaceX launched the first batch of Starlink satellites in 2019 and now boasts more than 6,750 operational units, serving over five million customers worldwide

  • The two companies will establish a joint venture company.

    Sinopec and its unit shall contribute $990 million and $1.98 billion in cash, respectively.

    AAS will allocate the remaining amount, representing 25 percent of the JV’s registered capital.

  • Washington, United States -- After delaying an earlier attempt due to bad weather, Amazon is preparing to launch its first...

    The mission, called Kuiper Atlas 1, is scheduled to lift off from Cape Canaveral Space Force Station in Florida at 7:00 pm local time (2300 GMT).

    The $10 billion initiative plans to deploy 3,200 satellites into low Earth orbit -- the region of space up to 1,900km above the planet.

  • A321LR features First Suite - a private, enclosed space with a sliding door.

    The airline highlighted the aircraft's enhanced guest experience, including a first-class offering typically found on larger planes.

    The aircraft features new First Suites with sliding doors and lie-flat beds, 14 lie-flat business-class seats with direct aisle access, and upgraded economy seating.

  • Dubai, UAE - Gen Z travellers in the UAE are reshaping the future of tourism, prioritizing cultural immersion, sustainability, and...

    The study, conducted by YouGov, found that nearly two-thirds (63%) of Gen Z respondents prefer accommodations that reflect local culture

    Meanwhile, social media platforms like Instagram and TikTok are driving travel choices for 26% of them, with 79% already using or eager to use AI tools to plan their trips

  • The Group reported a revenue of $5.12 billion.

    The group distributed SAR0.55 per share for the first quarter of 2025, in accordance with the dividends distribution policy approved by the General Assembly.

    Gross profit rose by 5.01 percent to SAR 9.098 million, operating profit increased by 2.02 percent to SAR 3.584 billion, and EBITDA grew by 5.25 percent to SAR 6.120 billion. 

  • Shanghai, China -- At the huge Auto Shanghai industry show this week, the chatter was less about powerful engines and...

    Chinese consumers place more value on interior comfort compared to other markets, according to European carmakers.

    Visitors at Auto Shanghai queued to sit in luxurious minivans with chrome radiator grilles and reclining rear seats.

  • Even if they don't all acknowledge it so openly, firms in many different sectors are stockpiling their products in the United...

    Whether it's the luxury, electronics or pharmaceutical sectors, US President Donald Trump's unpredictability complicates the calculations of firms.

    Some companies didn't wait for Trump's April 2 announcement of massive "reciprocal" trade tariffs: they had already begun shipping more of their goods to the United States.

  • Voels, Austria -- At a laboratory in Austria's mountainous Tyrol province, scientists are DNA testing about 100 honey samples a...

    With fake honey flooding markets, and only a few European laboratories running such analysis, the small Austrian company Sinsoma began offering the tests two years ago.

    Between 2021 and 2022, 46 percent of the honey tested under an EU investigation as it entered the bloc was flagged as potentially adulterated, up from 14% in the 2015-17 period.